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£162,500
Two bedroom duplex apartment near Victoria Park
To be eligible for shared ownership with Hackney Sales, you must be able to answer YES to the following questions:
Are you at least 18 years of age?
Is your annual gross household income less than £90,000?
Are you a first time buyer, i.e. you don’t already own a home? If you do already own a home, have you accepted an offer from a buyer and in the process of selling it?
Are you unable to afford to buy a home suitable for your housing needs on the open market? If you are not sure, you can speak to an independent mortgage advisor
Are your current mortgage or rent payments up to date?
Do you have a good credit history (no bad debts or County Court Judgements), and can you afford the regular payments and cost involved in buying and running a home?
Do you have savings or are you able to easily access at least £4,000 to cover the costs of buying a home? This is a guideline figure, and the actual amount you need will depend on a number of factors
Do you have enough savings or are you able to access a minimum 10% of the equity share you are buying, as a mortgage deposit? Or do you have the cash funds available to buy the share without a mortgage?
Two bedroom duplex apartment in Hackney, E9
We have a unique opportunity to offer for sale a spacious two double bedroom duplex apartment offering 947 sqft / 88 sqm of living space. The property is located within our popular Frampton Park development, built in late 2020. This property is located over the 3rd and 4th (top) floor of the building and benefits from a West facing balcony.
This home has been built to a high specification and includes a separate utility room with washing machine, built in wardrobe in the master bedroom, family bathroom and downstairs WC, and features an open plan kitchen and living room area creating a versatile living space.
The property also benefits from access to an open green communal space and bike store.
The property is situated on Well Street, a stone's throw from Victoria Park and the well linked Mare Street, offering transport routes into other parts of Hackney and the City.
Affordability criteria
To be considered, you will need a minimum household income of £88,000
This is based on the full market value of £650,000 at a 25% share. Service charge per month is £344.18 and Rent per month is £1293.41.
All applicants will need to undergo a complimentary affordability assessment prior to booking a viewing.
Transport links
12 minutes walk to London Fields Station
14 minutes walk to Hackney Central Station
